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| --- | --- |
| 3.4 | **Taxes.** Neither rent nor any other payments to be made by Lessee under this Agreement includes the amount of any Taxes which may be assessed or levied by any
Taxing Jurisdictions as a result of the lease of the Aircraft to Lessee. Lessee shall remit to Lessor all such Taxes together with each payment of rent pursuant to Section 3.3.  |


**SECTION 4. REPRESENTATIONS AND WARRANTIES; DISCLAIMER OF WARRANTIES** 


 




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| --- | --- |
| 4.1 | **Representations and Warranties of Lessee**. Lessee represents and warrants as of the date hereof and during the entire Term hereof as follows:
 |

 4.1.1 Lessee is a validly organized limited liability company under the laws of the State of Delaware, and the
person executing on behalf of Lessee has full power and authority to execute this Agreement on behalf of Lessee and by such execution shall bind Lessee under this Agreement. 

 4.1.2 No action, suit, or proceeding is currently pending or threatened against Lessee which shall in any material way affect Lessee’s financial status as of the date hereof, or impair the execution,
delivery, or performance by Lessee of this Agreement. 

 4.1.3 The execution and delivery of this Agreement by Lessee and the
performance of its obligations hereunder have been duly authorized by all necessary corporate action and do not 


 

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